# Why Don't New Bitcoiners Self-Custody? Roberto Rios, Simply Bitcoin, and Kyle Huber Explain | Bitcoin Well Spaces

Page: https://stenobird.com/podcast/bitcoin-well-podcast-7678220/why-don-t-new-bitcoiners-self-custody-roberto-rios-simply-bitcoin-and-kyle-huber-explain-bitcoin-well-spaces
Text version: https://stenobird.com/podcast/bitcoin-well-podcast-7678220/why-don-t-new-bitcoiners-self-custody-roberto-rios-simply-bitcoin-and-kyle-huber-explain-bitcoin-well-spaces.md
Podcast: [Bitcoin Well Podcast](https://stenobird.com/podcast/bitcoin-well-podcast-7678220)
Published: 2026-05-21T11:00:28+00:00
Episode link: https://feeds.fountain.fm/K4fNsugsQSuLZj6Ag7Oj/items/lwqjwuWOyf59IityoPZ1/files/AUDIO---DEFAULT---1bb04637-4899-465d-bdc4-df7ce56d3e6c.mp3
Audio file: https://feeds.fountain.fm/K4fNsugsQSuLZj6Ag7Oj/items/lwqjwuWOyf59IityoPZ1/files/AUDIO---DEFAULT---1bb04637-4899-465d-bdc4-df7ce56d3e6c.mp3
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Duration seconds: 5341

## Resource

75% of all Bitcoin transactions never touch the blockchain. 33% of all Bitcoin is held at Coinbase. Only 12 to 15% of new Bitcoiners self-custody their coins. Those numbers are depressing. This conversation is about why — and what to do about it. In this Bitcoin Well Spaces, Konrad and Zach sit down with Roberto Rios (The Peruvian Bull), Niko from Simply Bitcoin, Kyle Huber (filmmaker, We Are Satoshi podcast), and Dr. Troy to dig into one of the most important unsolved problems in Bitcoin: why, despite everything we know about self-custody, the vast majority of Bitcoiners still leave their coins on exchanges. SelfCustody #BitcoinWell #BitcoinSpaces #NotYourKeysNotYourCoins #PeruvianBull RESOURCES & LINKS: 🚀 Buy Bitcoin/Freedom: https://bitcoinwell.com 📧 Join the Mission (Newsletter): https://bitcoinwell.com/newsletter 📊 Take the Bitcoin Survey: https://bitcoinwell.com/survey 📈 Investor Relations: https://bitcoinwell.com/investors CONNECT WITH US: 🕊️ X (Twitter): https://twitter.com/thebitcoinwell 📸 Instagram: https://instagram.com/thebitcoinwell ⚡ Nostr: npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2 ( https://bitcoinwell.com/nostr )

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## Transcript

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